Colliers International grows its Project Management business with strategic acquisition

Colliers International acquires GMP Management

Colliers International today announced the acquisition of GMP Management Pty Ltd (“GMP Management”), an Australian project management firm founded in 1989 with extensive experience in delivering successful commercial, hotels, residential and retail projects.

The acquisition by Colliers International complements and enhances its existing award-winning Project Management business and expands the number of project management experts across Australia and New Zealand.

“GMP Management are market leaders in project management and have been involved in some of the most notable and complex projects across South East Queensland and internationally, including the Mixed-Use Mary Lane Development, Pullman and Ibis Conference Centre at Brisbane Airport, Victoria Tower Retirement development in Southport and Novotel Southbank” said John Kenny, Chief Executive Officer, Australia and New Zealand.

“The acquisition significantly enhances our Project Management capabilities in the hotels and residential asset classes and integrates specialist consulting and financier risk management expertise into our business. This means that Colliers International can now provide a complete end-to-end solution for our clients across all property asset classes, from site acquisition, development advisory and management through to project delivery, marketing and sales.”

“Joining Colliers International was an easy decision, given our values and culture naturally align with the entrepreneurial spirit for which the company is renowned, both in Australia and around the world,” said Ian Pert, Director at GMP Management.

“We are very excited to become part of Colliers International and harness the incredible opportunities that come from working for a global brand with an industry leading platform.”

“Our clients will have now have access to an extensive network of experts around the world who are passionate about identifying hidden value and accelerating the success of their projects,” said Andrew Bentley, Director at GMP Management.

Colliers International recently completed its role as the Development Phase Project Manager of the new $600 million Northern Beaches Hospital, a 488-bed private hospital treating both private and public patients, which is a first-of-its-kind facility in New South Wales.